Jonathan A. Carnella - 22 Jun 2022 Form 4 Insider Report for NorthStar Healthcare Income, Inc. (NHHS)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NHHS	Common Stock	Award		+16,624			16,624	22 Jun 2022	Direct	F1, F2, F3
holding	NHHS	Common Stock						33,420	22 Jun 2022	See Footnote	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Pursuant to the NorthStar Healthcare Income, Inc. (the "Company") Fourth Amended and Restated Independent Directors Compensation Plan (the "Plan"), each of the Company's independent directors receives a grant of $65,000 in restricted stock units ("Restricted Stock Units") convertible, on a one-for-one-basis, into common stock, par value $0.01, of the Company (the "Common Stock") following re-election to the Company's Board of Directors.
F2	The Restricted Stock Units vest quarterly over a two year period with an initial vesting date of July 1, 2022. Unless forfeited prior to the applicable vesting date, the Restricted Stock Units will be converted into shares of Common Stock on the earlier of (i) Change in Control (as defined in Section 409A of the Code) or (ii) the date of the director's "separation from service" (as defined in Section 409A of the Code).
F3	Pursuant to the Plan, the amount of Restricted Stock Units was determined by dividing the fixed grant value of $65,000 by the most recently disclosed net asset value of the Company's common stock, or $3.91.
F4	By family revocable trust.